Dubai Electricity and Water Authority PJSC Will Make Payment of AED 3.1Billion in Dividends for H-1, 2023 to Shareholders on Oct 26th, 2023

Press Release: DEWA Announces Payment of H1 2023 Dividend Dubai Electricity and Water Authority PJSC (DEWA), listed on the Dubai Financial Market (DFM), has announced the payment of a dividend of AED 3.1 billion, equivalent to 6.2 fils per share, for the first half of 2023. This dividend payment is based on a record date…

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GFH Further Expands its Healthcare Platform, Healian, with the Acquisition ofOne of the Largest Hospitals in the South of the Kingdom of Saudi Arabia

GFH Financial Group Expands Healian Healthcare Platform with Strategic Acquisition in Saudi Arabia GFH Financial Group (“GFH”), a leading financial group, has announced the expansion of its flagship regional healthcare platform, Healian, with the acquisition of a 60% equity stake in one of the largest hospitals in the South of the Kingdom of Saudi Arabia….

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S&P BOLSTERS ASCANA’S RATING TO ‘A’ AFTERSUKOON’S GUARANTEE

Unlocking Success: Sukoon Insurance’s Guarantee Elevates ASCANA’s Rating In the dynamic landscape of insurance, trust and reliability are paramount. Companies strive not only to meet but exceed expectations, ensuring that their clients feel secure and supported. Such is the case with Sukoon Insurance, formerly known as Oman Insurance Company, and its subsidiary, Arabian Scandinavian Insurance…

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Chimera S&P UAE Shariah ETF – Income

BASED ON PRESS RELEASE: BY CHAESHIN ON NOV 01, 2023 FUND OVERVIEW PERFORMANCE (%) Chimera S&P UAE Shariah ETF – Income (CHAESHIN) Investment Objective:CHAESHIN is an exchange-traded fund designed to closely track the performance of the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. It aims to provide investors with investment returns that adhere to…

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Saudi Arabian Mining Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 (Nine Months)

PRESS RELEASE : MAADEN 31/10/2023 lement List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 6,225,998,107 10,014,421,018 -37.83 6,966,269,838 -10.63 Gross Profit (Loss) 928,985,350 3,573,827,596 -74 1,615,854,461 -42.51 Operational Profit (Loss) 211,994,546 2,953,747,043 -92.82 843,393,595 -74.86 Net Profit (Loss) after Zakat and Tax -83,435,885 2,102,534,770 – 350,941,901 – Total Comprehensive…

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Saudi Electricity Company Announces obtaining approval from Saudi Power Procurement Company to expand Rabigh power plant by an additional 1.2GW combined cycle units

SAUDI ELECTRICITY : 5110 Announcement Detail Saudi Electricity Company (SEC) to Expand Rabigh Combined Cycle Power Plant In an official announcement, the Saudi Electricity Company (SEC) revealed its plans to implement the expansion project of the Rabigh combined cycle power plant by an additional 1.2GW combined cycle units. This decision follows the approval granted by…

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